Back 49 Cumming Street
Off Market

49 Cumming Street

Paynesville VIC 3880

3
2
2
804 m²
House
Last sold for $468,000
Lauchlan McLeanLauchlan McLean, last sold this property on 19 November 2025 after 110 days on market.

Overview

Easy Living by the Lake!

Positioned in a quiet pocket of Paynesville, this well-kept three-bedroom, two-bathroom home offers a practical layout and plenty of room for everyday living. Whether you're after a permanent home or a weekend base near the water, this property is a solid option in a friendly, sought after town. The home features a spacious open-plan living, dining, and kitchen area that forms the heart of the home, ideal for relaxed family living or entertaining. The master bedroom includes a walk-in robe and private ensuite, while the remaining two bedrooms are fitted with built-in robes. A reverse cycle air conditioner and wood heater provide comfort throughout the year, while conveniently positioned sliding doors connect the dining room to a covered alfresco area and yard. The backyard is generous in size with rear access, and a powered 6x6 metre shed with concrete floor, offering excellent storage or workshop space. The yard is fully secure and offers plenty of space for kids, pets or gardening. Located just minutes from the town centre, this home is close to shops, cafes, schools, and the beautiful Gippsland Lakes, perfect for those seeking an easy-going lifestyle in a welcoming coastal town. The property is currently tenanted on a month-to-month basis, earning $390 per week. Whether you would like to live in the home or continue renting it out, the property is flexible and ready for its next owner! View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 garage space
804 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Paynesville over the last 12 months, the estimated median property value of 49 Cumming Street is $527.5k.

Median value
$527.5k
Estimated value range
$305k - $1.63m
Median days on market
67
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 49 Cumming Street

2025
Sold
$468,000
19 Nov 2025 by Lauchlan McLean, of OBrien Real Estate Bairnsdale

Happy sellers in Paynesville

69%
69% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

Paynesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Paynesville over the last 12 months.

Local market activity for 3 bedroom houses in Paynesville

In the last 12 months, 78 three-bedroom houses similar to 49 Cumming Street, have been sold.

This represents a 66% decrease in three-bedroom houses sales when compared to the previous 12 months.

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